WallStreetGiant

Category: Newsletters

Wall Street Giant was created to prepare individual investors . We provide actionable market insight, trading ideas, and investment education to meet the needs of every investor. Our decades of un-matched experience gives us the edge that can help you make better, more confident investment decisions. Investing is about making money and we're here to help you do that. Wall Street Giant is dedicated to creating a culture that embraces the spirit of trading, while exemplifying professionalism and providing a road map to success. Our unique methods, our drive to succeed, and our network has created a Giant in the markets. As a client, we will provide you road map in becoming a Wall Street Giant.

I have been autotrading with Wall Street Giant for over the past 4 months and my returns have been the best yet. I think I found a gem among the Newsletter services out there.

I have utilized options for the past several years and subscribe to a few investment advisories, but the trades I have filled with Wall Street Giant thus far have excelled. Since my join date, my total return has been $5,779.

They provide a daily commentary with open trades and over the weekend provide an in-depth commentary for the coming week, as well as additional equity ideas for investments. A great deal of time appears to go into the communication for the lowest fee I have seen of $75.00 per month. They are very prompt in responding to my email inquiries with excellent customer service. I would highly recommend them.

- Trades are entered and managed properly

- Alerts are provided with an entry, target, and stop price

- Losers are cut responsibly in order to preserve profits

- Good customer service

- They have provided me with steady gains to my portfolio

The top reason for a newsletter subscription is to profit from the recommendations and Wall Street Giant has done that for me. With their knowledge in the markets and my overall great experience so far, I highly recommend them and look forward to continued profits!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

Review Updated

I started watching WSG in the summer of 2011 and finally signed up in the early fall timefame. I was seeking a straight put / call service and their results seemed very good up to that time. I checked with other traders that were using the service and they said the service did well.

If you have ever been with a service that overtraded you would appreciate the fact that this site wrote the manual on overtrading. When things did not work they just kept trading and trading and as a result their losses just piled up and compounded.

One positive thing is that they did not try to sugar coat what was going on, they owned up to it, posted every trade bad and good (in the members area) and tried to make some changes to their system which were not working as of the time of my departure. The 4th quarter 2011 was a horrible quarter for anyone that was trying to swing trade the market and WSG was dramatically handicapped by their swing trading style. But instead of just slowing down they kept trading and trading taking big losses one after another. Addiitonally they trade with stops and targets issued at the time of the trade but routinely lowered stops and did not adjust the profit targets down to avoid holding a profitable trade overnight only to get stopped out the next day.

You cannot view their performance on their public website as they only show trades made prior to May 2011. So I don't know how they have performed since 1/1/2012 but I can tell you that I won't ever be back.

I don't know what else to say except for please be careful if you decide to select this newsletter, don't over allocate your funds and definately trade with your high risk capital. If the market finds a trend maybe WSG can be sucessful again.

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

We have traded WSG for just over 3 months and are happy to continue for the indefinite future. We feel we have discovered a high-quality service.

The service provided stock and option picks by Mr Walter Holder, and (excellent) support and administrative back-up is provided by his assistant Cathy. There are generally a 'handful' of picks, both options and stocks open at any one time. I would say an average of 2 or 3 each although obviously this is quite variable. It is recommended that you use 10% of your portfolio for each stock pick and 3~5% for each option pick. There is generally a stop loss of about 5% for picks, with profits being taken at 10% and similarly a stop of about 40% or 50% for options and a profit being taken at 100% or a little less. So you only need 1 successful trade in 3 to break even, any better than that and you should be ahead!

In addition to the stock picks Walter occasionally provides a detailed review of companies constituting possible long-term buys. This might be a useful addition for those who wish to hold an intermediate term portfolio in addition to the swing trading WSG portfolio.

Results given to us for July 2010 to June 2011 show average returns per month of: stocks 35% and options: 247% (and no losing months for either stocks or options). So for example if you had allocated $1000 per stock trade and 5% per option trade then this would represent $350 return per month for stocks and $432 per month for options (excluding commissions). For such small allocations a $10,000 portfolio would suffice, which represents an overall portfolio return of 7.8% per month. With compounding this would result in your $10,000 portfolio growing to over $24,000 in just one year!

But how does the system work in real life? It appears we joined at a more challenging time for WSG as we encountered a (rare) losing month for both the stock and options portfolio during the Aug/Oct market reversals. Over the long term I don't doubt that the system will return to normal profitability (for example we won just under 400% in September 2011 for options). What is more important is to discover the exact level of that profitability - which although very good is probably going to be somewhat less than that apparent from the results shown above for 2010-2011. This is because although the system can provide a list of buy/picks, it cannot be assumed that the trades are going to be 100% reproducible in your account.

We have the service traded automatically for us at Global Auto Trading, who do an excellent job for us (and at $1 per stock trade and $0.70 per contract the low commissions are a help as there is a reasonably high trade frequency).

But although auto-trade generally works well (far better than I could trade manually), occasionally there is a trade where the initial buy limits even if set generously - can sometimes be not wide enough and we don't get a fill. Further there is sometimes a little slippage on the options, although not as great as you might expect.

This is not to say that the service does not try hard to get fills. On occasions Cathy has sent special alerts to Global for us to ensure fills and overall WSG and Global work very hard together, communicating and adjusting limit amounts as necessary. Nevertheless, we have not got every winning trade and I would estimate that you would probably need to discount the above profit figures by as much as 10% to 20% or so to get a feel for 'real life' performance of the system. This would bring 'real life' performance down to about 6% a month - still enough with compounding to double capital each year, so I would not be complaining!

As regards the options: A further factor to at least be aware of is the question of your own trading stamina and discipline. For some it would be difficult to take the occasional but inevitable string of losing trades. But then if you 'turn off' options, you might just miss a string of positive trades... The answer may be to reserve a smaller allocation for options. You are limited here however as single contracts can (occasionally) cost as much as $250 or more, which means you can only reduce exposure so much. And since options are the more profitable side of the system, any reduction of exposure will lessen system performance. Just something to keep in mind!

A real highlight of the service are the people involved. It is stated on the web page that Walter comes from a family of brokers, and indeed there is a sense of professionalism and experience that I don't often sense with trade services. I feel as though I am dealing with my Dad's stock broker, except that the performance is about 5 times as good! And Cathy Lee's support has just been fantastic. Where the system lacks is in the web site, which is somewhat creaky in comparison to other services, and it would be wonderful if live performance figures could be shown, e.g. an average of live fills supplied by the auto-traders for example.

Nevertheless, the bottom line is that this is a consistently profitable service, if you can get it well traded for you (there are manual traders but I don't envy them). There are a lot of systems out there that cost a lot (LOT) more, and deliver much less. We are very pleased with Wall Street Giant - 5 stars. greginjapan@gmail.com

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC

Because I want to remain a reliable reviewer on Investimonials I think I should mention that WSG has been severely challenged by recent choppy markets. It seems as though the approach of stop losses at 5% and taking profits at 10% does not work as well when the markets are incredibly choppy and directionless. For example October losses as reported by WSG (options and shares combined) were - (minus) 286%. All through this time WSG remained courteous and in contact and Walter explained the difficulties in his trade commentaries. I have noticed however less trades going on the market recently - as presumably time is taken for the market to show a clear direction. Also on some occasions profits appear to have been taken a little earlier. I feel these are good responses to the current difficult trading conditions. Greg

In the end I just could not take the losses. According to their statistics forwarded to me (which I don't doubt) the system used to be profitable. It may be so again but for now I have stopped trading the options altogether and just put a few $100 into the equity trades. The main trouble seems to be overtrading. V. disappointing currently, Greg

Review Updated

A bit dissapointing

Was disappointed after further trial that auto-trade results did not seem to line up with their online results. They do not appear to systematically check auto-trade fills - the online reports are not taken from auto-traders. Discontinued our subscription (although they did have a win soon afterwards I noticed on AMZN calls!) Greg

This review is the subjective opinion of an Investimonials.com member and not of Investimonials LLC.

As a busy mother trying to make the best financial decisions for my family I found them informative and easy to understand. I appreciated the time they took to make me feel confident about my investments, especially in an economy where you want the most bang for your buck. They were professional and personable.

I have seen consistent profitability and trust their advice. This means a lot when you want to focus your energy on the other millions of decisions you have to make every day.

Thank you WallStreetGiant!

This review is the subjective opinion of an Investimonials member and not of Investimonials LLC